Tui chiefs take home almost €10 million

Tui heads also have millions in outstanding share awards
The joint chief executives of Tui Group enjoyed a total pay packet of more than €9.5 million in salary, bonuses and incentives this year, TTG Digital reports.
Friedrich Joussen and Peter Long have served together in the top job since Tui AG and Tui Travel merged last December.
Joussen’s pay for the year to September 30 increased from €3.9 million to €5 million, while Long’s total remuneration was €4.5 million (last year he was paid £13.3 million (€18.3mn) by Tui Travel).
The pair also have millions of euros worth of outstanding share awards under Tui’s long-term incentive program from previous years. Long is step down early next year to take up a position on the supervisory board, leaving Joussen in sole control.
Other executive board members include: Horst Baier, Dave Burling and Sebastian Ebel. They received €2.7 million, €627,000 and €1.9 million, respectively.
TTG Digital

x

Check Also

Tui, Tui blue, hotels, results, 2018, half, loss, Marmaris, Zanzibar, Croatia

TUI narrows seasonal loss, expands hotels

As the tour operator group posts its first-half results, the TUI Blue portfolio expands to ten hotels.

Hapag-Lloyd, Tui, cruise, capacity, penetration, Europe, Joussen, interview, future

Tui is “very bullish” on cruises in Europe

The chief executive says he is open to further ships and thinks Europe can overtake the US in cruise penetration.

Zanzibar, Tui, tour operator, resort, adults, beach, hotel, luxury, all-inclusive, Indian Ocean

New hotel on Zanzibar extends TUI’s reach

Riu Palace Zanzibar is a “beautiful beach” hotel in a new destination for TUI, soon to become adults-only.

TUI, Malaysia, Condor, tourism, German, British

TUI’s new plan may help Malaysia’s Europe arrivals

As the tour operator giant reveals a new fly-cruise program, Condor aims to launch flights.

TUI, Magic Life, tour operator, brand, hotels, resorts, Italy, Calabria, heel, sports, family, holidays, biking, tennis

TUI pumps sports into hotel business

The sports-oriented and all-inclusive brand TUI Magic Life is set to open at the tip of Italy’s heel.

TUI Group, appoint, management, tour operator, Stockholm, Sweden, Nordic, social media, digital, communications

TUI digital media chief moves to Stockholm

The 31-year-old German national in charge of communications will work from Sweden.